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Ed Bastian - 1 Bastian - 1 Delta - 1 Dan Janki - 1
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Airbus - 2 Toulouse Blagnac Airport - 1 Delta Air Lines - 1 Toulouse Blagnac - 1 Delta - 1 LSEG - 1 Corporate - 1 CNBC - 1

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2 mentions found


☆ Airbus misses on operating profit, raises A350 output goal
  + stars: | 2024-04-25 | by ( ) www.cnbc.com   time to read: 1 min
An Airbus A350-941 is undergoing a test flight at Toulouse Blagnac Airport in Toulouse, France, on December 8, 2023. Airbus posted weaker than expected first-quarter operating profit and cashflow after hiring more staff to prepare for rising aircraft demand, but reaffirmed its financial goals for 2024 after a nervous start to the year on industrial costs. The world's largest planemaker also announced a higher output target for its wide-body A350 model, of 12 a month in 2028, amid a renaissance in demand for long-haul jets. Airbus reported 577 million euros in adjusted operating profit, down 25% on the year, revenue of 12.83 billion and a free cash outflow of 1.8 billion euros. Analysts were on average expecting operating profit of 789 million euros and an outflow of 1.3 billion euros, according to a company-compiled survey.
Organizations: Airbus, Toulouse Blagnac Airport Locations: Toulouse, France
☆ Delta tops quarterly earnings expectations, focuses on efficiency as growth steadies
  + stars: | 2024-04-10 | by ( Leslie Josephs | ) www.cnbc.com   time to read: +2 min
Delta's adjusted earnings of $288 million, or 45 cents a share, rose from $163 million, or 25 cents a share in the first quarter of 2023. Here's how the company performed in the three months ended March 31, compared to Wall Street expectations based on consensus estimates from LSEG:Adjusted earnings per share: 45 cents vs. 36 cents expected. 45 cents vs. 36 cents expected. Adjusted revenue: $12.56 billion vs. $12.59 billion expected. Delta forecast second-quarter earnings of $2.20 to $2.50 per share, while analysts forecast between $2.23 per share on average, according to LSEG.
Persons: Ed Bastian, Bastian, Delta, Dan Janki Organizations: Airbus, Delta Air Lines, Toulouse Blagnac, Delta, LSEG, Corporate, CNBC Locations: Toulouse, Atlanta, France, LSEG, Delta
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